The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-10-31
ON RAIL AND CRoSsTIE.
Local and General Gossip in Railway
Circles.

Circles.
The annual meeting of the stockholders of
the Port Royal and Augusta railroad VIII
be held in Augusta tomorrow.
Electricians say that the main trouble
with electric motive power on railways has
been that the traction is not sufficient to
overcome rain, frost or sand on the rails.
A device to overcome this has now been per
fected. 1t consists of an apparatus for IN
lsereasing the power when the motor IS started
or when it slips.
The contractors on the Columbus and
Western railroad extension have, in the
tunnel which they are driving through the
mountains, encountered a hard granite
which retards their progress. They have
penetrated the mountain over l,2OO teet,
and the work moves steadily on.
The total earnings of the Pullman Palace
Car Company for the year ending July 81,
as shown by the report submitted at the
annual meeting last week, was st, 44O93
and the disbursements 81, $685. 84. New
contracts were concluded with seven rail-
road companies. The mileage added to the
system was ,S04 miles, making the present
mileage 81 ,34S. There are now l22 cars un-
der construction, which will cost 81 OBJ, SS4.
1t was decided to increase the capital stock
p per cent.
The extension of the East Alabama rail
ut hand will permit The trains now run
to StrOud's, five miles this side of Roanoke
In three weeks trains will be running to
Roanoke. The superintendent said, II few
days ago, that it would be built to Annis-
ton at once The only difficulty now is the
want of crossties This road will strike the
Georgia Pacific and the East Tennessee,
Virginia and Georgia, thus giving travellers
another route to Columbus.
Mr. 4, oe M
& Mundy, who started out last week to go
over the route of the Savannah, Dublin and
Western Railway, with MeSsrs. Montgom-
cry, McFarlin, Wallace S. Watt, the COM
mittee representing the new consolidation,
returned yesterday. He left the party at
the end of the graded section The com
mittee went on to Dublin, and they will
probably reach Macon, tomorrow. All of the
gentlemen expressed themselves surprised
at the amount of work that has been done
and its character. They will submit a re-
port as soon as they get over the entire
route
The Cedar Key Cuff Vielc says that the
place has much to hope for from the sale of
the Florida Railway and Navigation road
which will take place ON Nov. Z. 1t is aid
that the Savannah, Florida and Western,
the Louisville and Nashville, and the Pied
mont Air Line will be bidders. The Florida
desirable property to either of them, II the
Louisville and Nashville gets it, the Savan-
nah, Florida and Western will very likely
build TO Cedar Key from Branford. If the
Piedmont Air Line becomes the owner the
! same will be true, and if the Savannah,
Florida and Western gets it, the Louisville
and Nashville or Richmond Terminal will
build to Cedar Key.
The Findncier reports a New York
scalper in railroad tickets as using the fol-
lowing language to a reporter: ''Time and
again, when a certain big trunk line rallrord
wanted money to show large earnings be-
cause the active directors were long of stock
and wanted the price sustained on the mar
ket, has the passenger agent been required
to force sale Of tickets to increase gross
receipts, and he has applied to a
certain scalper l might name and handed
him block of stamped tick
cts valued at $4,000, or $50
600, or 100000 These tickets would be
| bought outright by the scalper at from 10 to
% per cent. under the regular rates, the
scalper raising the money by putting the tick
cts up as security i'll the banks. There are a
dozen prominent banks in Boston, New York
and Chicago which have loaned hundreds of
| thousands of dollars on railroad tickets. If
! we seal pers should tell all we know we could
| send half of the railroad officials to Canada
smash any and all pooling arrangements
| knock the bottom out of some high priced
| investment stocks, and raise bigger furry
in Wall street than did young Ives with the
| Baltimore and Ohio fiascO. As to the Wes-
| tern roads, a lot of them are fly at the bus
| mess -